“The Third Era will start with civil war” -Rusty Russell

The future economic reality of the Bitcoin ecosystem has been hard-coded into the consensus since the very first block. The inevitable pains that the future will bring should not surprise us. Listen to Rusty Russell’s discussion of Bitcoin’s three economic eras.

Check out the full article and lengthy list of footnotes for clarifications and further reading:
https://medium.com/@rusty_lightning/the-three-economic-eras-of-bitcoin-d43bf0cf058a

Follow him on Twitter:
https://twitter.com/rusty_twit

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